October 2025
Carma Limited
Canaccord Genuity Acts as Joint Lead Manager to Carma Limited on its A$100 Million Initial Public Offering
Carma Limited operates a digital platform for buying and selling used cars in Australia. It sells various types of used cars, such as SUVs, utes, hatchbacks, sedans, coupes, and convertibles. The company also offers sourcing, inspection, reconditioning, pricing, online retail, wholesale auctions, financing, and delivery services. The company was incorporated in 2021 and is based in Strawberry Hills, Australia.